Elderly people are less well-informed about attacks and are often naïve. They are likely to be far off, living alone, and willing to listen to people that sound to be in need of help. Their compassion is mercilessly exploited by social engineers each year resulting in millions of dollars lost to fraudsters. Seniors are believed to have significant amounts lying idle in their accounts and if convinced, they will give it away to those that seem to be in need. There are many ways through which the elderly can be exploited and we shall take a look at the top ten common ones:
- Medicare insurance: This normally happens in the US since senior citizens that have surpassed the age of 65 qualify to be covered by Medicare. Therefore, a social engineer needs not to do any research about this, if they can tell that the target is over 65, Medicare will be an easy avenue...
